#831: Turning your Amazon inventory sourcing approach upside down

Our newer ProvenAmazonCourse.com and coaching students often ask questions like, “Where can I find a source that allows me to sell items for a profit on Amazon?”   Typically these students are looking at the current or average recent buy box price on Amazon or the featured price and then setting about trying to find a "cheaper source".   While there's some potential in that model, there's far lower hanging fruit for you to explore and that's the topic of today's new podcast episode.   Today we turn the sourcing question upside down and ask this question instead:   “Now that I know my cost of acquiring this item, what price will I need to sell this item for on Amazon in order to make a profit?"   Next ask...   "Are there ASINs that make my profitable price a reasonable goal?"   Once you know how to look, the answer will be a resounding "YES" far more often that you might suspect!   Let's talk about it on today's episode. Watch it pn our YouTubbe channel here: https://youtu.be/EVuDWkWXmQA   Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: What should I look for on a retail store receipt as a reseller on Amazon?    Show note LINKS:   SilentSalesMachine.com - Text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit https://silentjim.com/free11   TheProvenConference.com - It's not too late to attend our May 23-25th 2024 live event in Orlando! Nearly 800 registered to attend! Some tickets remain, and livestream is less than $1 per session (and you get ALL event recordings!) Get the latest cutting edge ideas from our top performing students for less than $1 per session! Hurry though - when the event starts the price goes WAY up!   SilentJim.com/bookacall - Book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course   SilentJim.com/bb70 - See over 150 examples of keepa charts of "above buy box" winners that are selling in Jim's account in real time RIGHT NOW.   My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 75,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   https://ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!